Armadin Raises $255.5 Million at $2.5 Billion Valuation
Cybersecurity company Armadin raised $255.5 million in a Series B round jointly led by Andreessen Horowitz and Accel. The financing brings its total funding to $445 million.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Cybersecurity company Armadin raised $255.5 million in a Series B round jointly led by Andreessen Horowitz and Accel. The financing brings its total funding to $445 million.
Sharon AI secured a US$356 million debt facility backed by GPUs and associated cash flows to fund compute infrastructure for customer contracts.
ElevenLabs completed a $300 million employee tender offer that values the voice AI company at $22 billion, twice its February valuation.
Destro AI has exited stealth with an $8 million seed round for software that coordinates warehouse robots and human workers.
OuterSignal raised a $22 million Series A to expand its customer intelligence and personalization platform for consumer brands.
Ives Ultra AI Opportunities priced 20 million shares at $10 each and expects them to begin trading on the New York Stock Exchange under the symbol IVAI.
Kanu AI raised $11.7 million to expand software that converts employee workflows into operational systems running in customers' cloud environments.
Flow Engineering raised a $50 million Series B at a $750 million valuation to expand its AI agent platform for hardware development.
Restate raised a $20 million Series A to expand its infrastructure for workflows that must recover from crashes and network interruptions.
OpenAI is seeking at least $30 billion in funding at a valuation of about $1.4 trillion, up from earlier discussions near $1.2 trillion.
DoD Solution raised $2.1 million to expand its AURA AI platform, which lets drones navigate and track targets when GPS or communications are unavailable.
Autoheal raised $7.9 million in seed funding for its platform that evaluates and repairs AI agents used in software development.
Anthropic's seven cofounders will control 50.1% of voting power through a new Founder LLC and a single Class F share.
Anthropic says autonomous AI agents could expose it to significant and unpredictable legal claims, while existing laws may not clearly determine responsibility for harmful actions.
EliseAI raised $350 million at a $4 billion valuation in a round led by Andreessen Horowitz and Bessemer Venture Partners.
Efficient Computer raised more than $97 million in Series B financing at a $650 million valuation. It will use the funding to increase Electron E1 shipments and expand its processor architecture for data centers.
HumanTronik has acquired CloudMoyo, adding Microsoft engineering, contract intelligence and global enterprise delivery capabilities. Financial terms were not disclosed.
Motorola Solutions acquired Portuguese AI video analytics company DeepNeuronic and plans to integrate its technology into the Avigilon video security platform.
Reco raised an additional $55 million from investors including AT&T Ventures, Forestay and Quadrille Capital, bringing its total funding to $140 million.
OpenAI offered to invest about $100 million in Hugging Face before NVIDIA agreed to acquire the platform for roughly $13 billion.